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Property view

1304 Altaloma Avenue, 
Orlando, FL 32803

$1,050,000


8

Beds


4

Baths


3,100

Sq Ft


Multi-Family

Sold

Listed by

Brad Young

Amro Hamza

Bought with HOMEVEST REALTY

Homevest Realty

MLS#

O6241696

Source:

MFRMLS

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About This Home

1304 Altaloma Avenue

***Do Not Disturb Tenants*** Value-Add Quadruplex in Prime Mills50 District! Investor’s dream in the heart of Orlando! Best zip code in Orlando! (Niche.com - 2024) This rare quadruplex, situated in the highly sought-after Mills50 District, offers a tremendous value-add opportunity with exceptional future potential. The property consists of two duplexes, each featuring 2 bedrooms and 1 bathroom. Three of the units have already been updated, providing immediate value, while still offering room to enhance the property's overall return. Located in the vibrant and centrally positioned Mills50 District, this property benefits from being at the nexus of Orlando's most dynamic neighborhoods. Just a stone’s throw away, you'll find yourself in the midst of the eclectic Ivanhoe Village, the lively Milk District, and the charming Audubon Park. Whether your tenants are young professionals, families, or students, they will appreciate the quick access to all the popular districts. The easy access to I-4 and the 408 Expressway ensures smooth connectivity to all that Central Florida has to offer. Currently, the units are rented below market value, offering immediate rental income with the potential for substantial increases. This quadruplex represents an unbeatable opportunity for savvy investors looking to capitalize on the rapidly growing Orlando market with its A+ location and potential for significant rental income increases. ***Seller offering partnership for redevelopment***

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1962

Price Summary

1,150,000

$370 per Sq. Ft.

MLS #:

O6241696

Sold:

December 3, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,100 Sq. Ft.


Structure

Structure

Building Area:

4,489 Sq. Ft.

Year Built:

1962


Lot

Lot Size (Sq. Ft):

14,050


Finances & Disclosures

Finances

Price:

$1,150,000

Price per Sq. Ft:

$370 per Sq. Ft.

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